We are in the process of completing a remodel on our house in St. Joseph Illinois and after running my numbers i have come ot a standstill on which course to take with the property. Initially i was planning on flippin...
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Hi guys. Been a while.I have a question for you all.First off, I am in CT.Now, my questions revolves around a tenant breaking a lease, damages, repairs, and liability.I had a tenant break their lease. 2 weeks early. (...
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Reading the book Flip they have a rule of thumb chart for quickly estimating the cost per SQFT of rehabbing or remodeling a home.
Here is how they chart it.
Standard finish rehab - $15
Designer finish rehab - $18
S...
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Hi BP, I need your help on scoping this out while I am under contract.The house appears to be in great shape other than the brick veneer siding dropping off, which appears to have started at the back corner of the hou...
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Shoot it is expensive to have someone come in and refinish floors. I never had to get a quote before and I had a GC come in today and check out my plans. He actually told me to scale back a bit and not renovate as m...
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I posted a few weeks ago about doing a Sub2 offer on a duplex in trouble.Rather than throwing offers back and forth and guessing who were the real decision makers, I asked to sit face-to-face with the listing agent. H...
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We had a long term tenant move out in early November. They left the house in such a poor state that it took me over two months to effect all the repairs. We also live 45 miles away from the property, so I had to make ...
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I am an aspiring real estate investor creating a real estate investment plan to aid me in my journey to success. I've decided to start things off with a simple question: What could go wrong?I have wracked my brain com...
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Hi everyone, I just closed on my first property this past week in Rhode Island. It was a duplex with existing tenants on a month to month tenancy. The tenants did not pay rent for two months while we were under contra...
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Have you ever AIRBNB'ed, VRBO, Craigslisted, or rented a STAGED FLIP property while on MLS? (Have you ever found a new, willing to maintain staged cleanliness, short term tenant in exchange for a rent discount?) It se...